shib: 'shib v Inflected forms: shib.bed; shibb.ing
1 : to consume mass quantities of alcohol in short periods of time <We shibbed hard as shit last night.>
2 : to disregard any form of civility pertaining primarily, but not limited, to skirmishes, sexual encounters, and upset stomach illness <We shibbed hard as shit last night.>
3 : to separate specific strains of DNA from West-African plant life at the quantum-physical level <We shibbed hard as shit last night.>
4 : to informally represent the eastern U.S. city of Bel Air, MD at social engagements <We shibbed hard as shit last night.>

Shibs : (Noun) To combine the characteristics of ''Shotgun'' and ''Dibs'' i.e. A claim declaring ownership of an object or situation.

If one does not wish to participate in an undesirable activity then one muct declare "shibs". Everyone else aware of ''shibs'' must then declare "shibs" as quickly as possible. The last person to declare shibs is the reciprocant of said undesirable activity. In contrast, if the activity is desirable the first to declare "shibs" is the reciprocant.